48 Mears Drive

    48, MEARS DRIVE, BIRMINGHAM, B33 9AR

    This semi-detached leasehold property on Mears Drive last sold in August 2023 for £240,000. Based on price growth in the B33 district since then, its estimated current value is £261,371 — placing it in the 40th percentile nationally and the 80th percentile within B33. The property covers 113 m² (1,216 sq ft), giving an estimated value of £2,313 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    113 m²

    (1,216 sq ft)

    Last Sale Price

    £240,000

    Aug 2023

    Estimated Valuation

    £261,371

    Est. £/m²

    £2,313/m²

    £215/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area113 m² (1,216 sq ft)
    EPC dateMay 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Aug 2023

    £240,000

    Key Metrics

    Estimated valuation£261,371
    Value per m² / sq ft£2,313/m² (£215/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B33 district percentile80th percentile
    National percentile40th percentile

    District Context — B33

    B33 covers parts of south-east Birmingham, including areas such as Stechford and Yardley. It is a diverse, residential neighbourhood with a significant community focus and mixed housing stock.

    Average Property Price - B33

    £212,842

    16

    National percentile

    Average Net Household Income - B33

    £32,505

    16

    National percentile

    10-Year Annualised Price Growth - B33

    6.3%

    98

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B33

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